Core Viewpoint - Select Water Solutions, Inc. has announced the pricing of a public offering of 13,725,491 shares of its Class A common stock at a price of $12.75 per share, with the intention to use the net proceeds for general corporate purposes, including water infrastructure projects, potential acquisitions, or debt repayment [1] Group 1: Offering Details - The public offering consists of 13,725,491 shares of Class A common stock priced at $12.75 per share [1] - The company has granted underwriters a 30-day option to purchase up to 2,058,824 additional shares at the public offering price [1] - The offering is expected to close on February 23, 2026, subject to customary closing conditions [1] Group 2: Use of Proceeds - Net proceeds from the offering will be used for general corporate purposes, including water infrastructure growth capital projects, potential acquisitions, or debt repayment under the sustainability-linked credit facility [1] Group 3: Underwriters - J.P. Morgan and BofA Securities are the lead book-running managers for the offering, with Citigroup, Piper Sandler, and Raymond James serving as joint book-running managers [1] - Additional co-managers include Johnson Rice & Company, MUFG, Northland Capital Markets, Roth Capital Partners, Seaport Global Securities, and Texas Capital Securities [1] Group 4: Company Overview - Select Water Solutions is a leading provider of sustainable water and chemical solutions to the energy industry, supported by critical water infrastructure assets, chemical manufacturing, and water treatment and recycling capabilities [1]

Core Insights - Pentair reported strong financial results for the fourth quarter and full year 2025, with a GAAP EPS of $3.93, up 5% from 2024, and an adjusted EPS of $4.92, up 14% from the previous year [1][2] - The company anticipates continued growth in 2026, projecting GAAP EPS guidance of approximately $4.94 to $5.09, representing a 26% to 30% increase [2][3] - Pentair celebrated its 50th consecutive year of dividend increases, announcing an 8% increase in its quarterly cash dividend to $0.27 per share [2][3] Financial Performance - Fourth quarter 2025 sales reached $1,021 million, a 5% increase year-over-year, while full year sales totaled $4.2 billion, up 2% from 2024 [1][2] - Operating income for the fourth quarter was $205 million, a 5% increase, with a return on sales (ROS) of 20.1%, remaining flat compared to the same quarter in 2024 [1][2] - Full year operating income increased by 7% to $858 million, with an ROS of 20.5%, an increase of 80 basis points from the prior year [1][2] Segment Performance - Flow sales increased by 9% in the fourth quarter and 3% for the full year, with reportable segment income up 22% in Q4 [2][3] - Water Solutions sales decreased by 10% in Q4 and 6% for the full year, with reportable segment income remaining flat [2][3] - Pool sales rose by 11% in Q4 and 9% for the full year, with reportable segment income also increasing by 11% [2][3] Cash Flow and Shareholder Returns - Full year net cash provided by operating activities was $815 million, an increase of $48 million compared to 2024, with free cash flow of $748 million, up $55 million [1][2] - The company repurchased 2.3 million shares for $225 million during 2025, with $1 billion available for future share repurchases [2][3] - Pentair's dividend increase marks a significant milestone, reflecting its commitment to returning value to shareholders [2][3]

Core Insights - BluMetric Environmental Inc. has secured contracts for a complete WaterTech solution and its first recurring operations & maintenance (O&M) agreement in the Caribbean [1] Group 1: Contract Details - The first contract involves supplying a Seawater Reverse Osmosis (SWRO) and Membrane Bioreactor (MBR) system for a private island in the Exumas, Bahamas, valued at CA$3.4 million (US$2.4 million), providing up to 320,000 gallons per day (GPD) of potable water and treating 120,000 GPD of wastewater [2] - The second contract is an O&M agreement for the St. Kitts and Nevis SWRO desalination plant, valued at CA$1.6 million (US$1.1 million), for a 1-year term with expectations for annual renewal [3] Group 2: Company Strategy and Vision - The company emphasizes its comprehensive approach to providing end-to-end, competitive sustainable water and wastewater solutions, highlighting its commitment to strengthening product and service offerings in the Caribbean [4] - BluMetric Environmental Inc. has over 385 employees across 15 offices and 3 manufacturing facilities, showcasing its extensive experience and capability in addressing complex water and environmental challenges [5]

Company Overview - Select Water Solutions is a leading provider of sustainable full-life cycle water solutions to the energy industry and is expanding into municipal and industrial markets[11] - The company's market capitalization is $1400 million and enterprise value is $1687 million[14] - Select Water is transforming into an infrastructure-led company, expecting infrastructure to represent over 60% of company gross profits over time[23] Financial Performance & Growth - Water Infrastructure's Gross Profit before D&A grew at a 72% CAGR from 2021 to 2025E[9] - Production and full-lifecycle water solutions activities have grown from less than 10% to 33% contribution since 2020[21] - The company anticipates over 30% additional growth in gross profit before D&A for Water Infrastructure by the end of 2026[26] - Select expects a 10%+ gross profit increase for Water Infrastructure in Q4 2025[18] Water Infrastructure & Contracts - The company has a large contract portfolio comprising more than 25 million acres under long-term acreage and ROFR dedication, primarily in the Permian basin[9,48] - Recently executed contracts include production and full lifecycle water dedications with high margins[47] - Weighted average contract length of 112 years for deals closed during 2024 and the first 9 months of 2025[48] Strategic Initiatives - Select is investing in AV Farms, LP ("AVF") to expand into the under-supplied Colorado Municipal and Industrial Water Market, with 16300-acre feet of owned, senior annual water rights[77,81] - Select Water and Mariana Minerals are partnering to build Texas's First Produced Water Lithium Facility, expected to generate up to $5 million in annual cash flow for Select through royalty payments[82,83]

Core Insights - BluMetric Environmental Inc. has secured $2.6 million in contracts for WaterTech and environmental engineering services with two multinational mining operators in Ontario [1][2]. Company Overview - BluMetric Environmental Inc. is an engineering firm specializing in WaterTech and environmental consulting, with over 230 employees across 11 offices and 3 manufacturing facilities [4]. - The company has a history of over 50 years and serves various sectors including Commercial, Industrial, Government, Military, and Mining [4]. Contract Details - The first contract involves supplying a Mission Ready Water modular potable water treatment plant (PWTP) capable of producing up to 144,000 liters per day for a gold mining site expansion. This plant is designed to remove contaminants such as total suspended solids, iron, manganese, and arsenic [2]. - The second contract focuses on Professional Services, which includes geotechnical and environmental investigations at an inactive gold mine, expected to be completed by the end of the calendar year [3]. Market Context - The Ontario mining market is showing signs of strengthening, with BluMetric experiencing traction through both new and repeat contracts from multinational companies [2].

Core Insights - WaterPure International, Inc. is positioned for accelerated global growth through an updated business plan, an expanded management team, and upcoming R&D and manufacturing initiatives [1] Financial Performance - The company reported a net income of $140,587 for the year 2025, primarily due to the cancellation of debt [2] Management Team Expansion - WaterPure has updated its corporate website to reflect its new business plan and expanded leadership team, including the appointments of Jeff Giordano to the Board of Directors and Alex Michaels to the Advisory Board [3] Leadership Expertise - Jeff Giordano brings over 25 years of experience in corporate leadership, strategic planning, and capital markets, with a focus on driving shareholder value through restructuring and growth initiatives [4] - Alex Michaels has a strong background in business development and supply chain optimization, with experience in project management and securing non-dilutive financing for growth-stage ventures [5] Strategic Initiatives - The company aims to deliver sustainable, safe, and accessible water globally, with plans for a new North American R&D center and potential manufacturing facilities in India and Europe [6] - WaterPure anticipates entering into agreements to capitalize on these opportunities by the end of fiscal year 2026 [6] Company Mission - WaterPure International is dedicated to providing innovative, sustainable solutions for safe drinking water worldwide, focusing on advanced water purification systems for various applications, including disaster relief and underserved communities [8]

Core Viewpoint - Pentair plc has completed the acquisition of Hydra-Stop LLC for approximately $290 million, with a net transaction value of about $240 million after tax benefits, aiming to enhance its offerings in the municipal water supply sector to address critical water issues due to population growth and aging infrastructure [1][2][11]. Group 1: Acquisition Details - The acquisition of Hydra-Stop LLC, a provider of specialty insertion valves and line stop fittings, is expected to generate approximately $50 million in revenue in 2025, with a Return on Sales of around 30% [2][3]. - Hydra-Stop will operate within Pentair's Commercial and Infrastructure business unit and will continue to serve its customers from its Burr Ridge, Illinois location [3]. Group 2: Company Overview - Pentair plc focuses on sustainable water solutions and had a revenue of approximately $4.1 billion in 2024, employing around 9,750 people globally [5]. - The company is recognized as a core large-cap value stock in the S&P 500, emphasizing its commitment to improving lives and the environment through innovative water management solutions [4][5].